Materials by tag Mt Gox

In a new development regarding the high-profile Mt. Gox Bitcoin theft, Tokyo lawyer and trustee for the failed Bitcoin exchange, Nobuaki Kobayashi, has sold over $400 million dollars of Bitcoin and Bitcoin Cash since 2017 to appease the creditors who lost it all.

The Ethereum blockchain and its ERC20 standard have become the most popular underlying technology for numerous tokenized projects, reaching a market cap of over $30 billion. While bitcoin remains the most capitalized cryptocurrency, Ethereum is the top choice in terms of functionality and applicability. However, the infrastructure for the latter is actually lagging behind.

FUD, also referred to as “fear, uncertainty, and disinformation”, is a marketing strategy used against a competitor's product to prevent that product from becoming widely popular amongst consumers. FUD campaigns intend to sway consumers toward “safe” and reliable products with a well-known history. FUD campaigners do this by exploiting a consumer's fears, uncertainties, and doubts regarding the competitor's product.